Archive for 2025

WELL, THEY SHOULD: Wall Street Panics Over Prospect of a Socialist Running New York City.

“I can’t believe I even need to say this, but socialism doesn’t work,” said Anthony Pompliano, CEO of Professional Capital Management, a bitcoin-focused financial services company. “It has failed in every American city it was tried.”

There were renewed questions about whether Wall Street executives would stay in New York or if Mamdani’s plans for the city would send more financiers to states such as Florida and Texas. Some executives cited concerns about taxes and crime under a potential Mamdani administration as well as fears of rising antisemitism.

Sander Gerber, chief executive of investment firm Hudson Bay Capital, said he fielded texts from some of his 170 employees who said they were “thinking of leaving.”

Some developers and landlords said they are already making plans to exit New York and focus on more business-friendly markets like Miami, Dallas or Nashville.

“I’m depressed and sad,” said Ricky Sandler, who runs Eminence Capital, a Midtown Manhattan hedge fund, which employs 55 people. “If Mamdani becomes mayor, I will likely move my business and family out of New York.”

If Mamdani wins, how long before NYSE becomes FLASE?

GOOD LORD:

Good stuff as always from Salena Zito.

DEI MUST BE RIPPED OUT, ROOT AND BRANCH: In fourth undercover video, group highlights ‘sneaky’ DEI at UNC Wilmington.

The two-minute edited video released by Accuracy in Media, a conservative activism group, shows two employees discussing how there’s been some shuffling of staff and the use of different terminology in the wake of the ban.

“They’re trying to be a little bit sneaky, I feel like, with certain things in the plan. We didn’t have to fire anybody or lay off anybody, as they were really reassigned,” said Asher Persin, center coordinator for the Mohin-Scholz LGBTQIA+ Resource Center at UNCW, in the video.

When asked about “antiracism” efforts, Persin said it’s a word that is not going to be part of the “verbaige” during trainings anymore. “It will have to be renamed,” asks the undercover AIM journalist, who sounds like a female in their 20s. “Yes,” Persin responded.

Persin, who uses they/them pronouns, according to their online bio, made the comments despite the University of North Carolina Board of Governors banning DEI offices and programs systemwide in May 2024.

In the undercover video, Ashlee Fleming, coordinator of the Upperman African American Cultural Center, said that positions were eliminated, but really “newish positions” were created.

Funny, they don’t look newish.

MASSIVE RESISTANCE: In fourth undercover video, group highlights ‘sneaky’ DEI at UNC Wilmington. “Two administrators at the University of North Carolina Wilmington are under investigation after they discussed how some diversity, equity and inclusion concepts are embedded on campus despite a systemwide ban on the ideology, according to a recently released video filmed surreptitiously.”

ONE THING THE UN GOT RIGHT: It was 80 years ago today that the UN Charter was signed in San Francisco. What followed has been for the most part either laughable or destructive of world peace. But, as Rod Martin explains on Substack, the international body has succeeded on one vitally important point.

IT WOULD BE NICE TO LEARN HOW GOOD CHINESE GEAR REALLY IS:

The view from Beijing during Operation Rising Lion must have been at least a little frustrating.

BITCOIN AND YOUNG GUYS: There is a hugely important reason why young men are displaying great enthusiasm for Bitcoin. Cygnal Polling’s Ryan Shucard explains:

“Voters who own Bitcoin are younger, much more male, more educated, more Republican, and higher income than likely general election voters as a whole. They are equally diverse (almost exactly tracking the racial breakdown of voters) but are also lower-propensity voters.”

Much more in the Cygnal results that should be encouraging to friends of freedom.

THIS IS CNN: Trump calls for firing of CNN reporter over Iran nuclear damage report.

“Natasha Bertrand should be FIRED from CNN! I watched her for three days doing Fake News. She should be IMMEDIATELY reprimanded, and then thrown out “like a dog,” Trump wrote on his Truth Social platform.

Bertrand, the president argued, was “attempting to destroy our Patriot Pilots by making them look bad.”

Trump earlier on Wednesday said that the preliminary classified U.S. report wasn’t complete while members of his administration vowed to investigate the leaked assessment, which was also reported on by the New York Times, Washington Post and others.

But the president took particular issue with Bertrand’s reporting, writing in his social media post that “she should not be allowed to work at Fake News CNN.”

“It’s people like her who destroyed the reputation of a once great Network,” he continued. “Her slant was so obviously negative, besides, she doesn’t have what it takes to be an on camera correspondent, not even close. FIRE NATASHA!”

Heh.

But of course there’s no way CNN would fire Bertrand for doing exactly what the network wanted her to do.

KRUISER’S MORNING BRIEFING: Anti-ICE Dem Officials Could Use Some Quality Gulag Time. “It’s easy and convenient for a lot of people to look at how far the Dems have gone off the rails and attribute it all to their unhinged, nine-year-long reaction to the political ascendance of President Trump. I would posit that the signs of them getting to this point have been there for a very long time. The signs started really becoming apparent after the 2000 election. They were going to get here eventually, Trump Derangement Syndrome merely sped up the process.”

END THE FED (CHAIRMAN): Trump says he has ‘3 or 4′ picks in mind to replace Fed’s Powell.

“I know within three or four people who I’m going to pick,” Trump said during a press conference at the Hague following a NATO summit. “I mean he goes out pretty soon, fortunately, because I think he’s terrible.”

Trump did not elaborate on potential picks to replace Powell, whose term as Fed chair ends in May 2026. He appointed Powell to the post during his first administration.
The Supreme Court last month said the relationship between the president and the Fed is different from that of other independent agencies, signaling that Powell is safe from an attempted removal by Trump.

The president considered firing the Fed chief in his first term but backed off after an adverse market reaction. This time around, Trump has repeatedly called on the Fed to cut borrowing costs but has said he has “no intention” of firing Powell before his term ends.

The markets might react differently this time, with rates much higher than they were during Trump 45.

DON’T GET TOO FULL OF YOURSELVES, LADIES. On the other hand, don’t feel too bad, this happened to the insufferable U.S. team too. Paging Riley Gaines: ‘World’s Sexiest Footballer,’ Swiss Women Lose 7-1 to 14-year-old boys. “Switzerland’s women’s national football team, including Alisha Lehmann who was voted ‘World’s sexiest footballer’, suffered a crushing 7-1 defeat against FC Luzern’s Under-15 boys’ side during their preparations for Euro 2025. . . . The embarrassing result emerged after footage from the behind-closed-doors friendly was accidentally posted on TikTok by one of the teenage players. The video garnered approximately 70,000 views before being removed from the platform.”

IN CASE YOU MISSED IT: The Simultaneous Strategic Bombing Strike on Iran, an operation 30 years in the making.

The 509th’s raid was three decades in the making. In 1996, the U.S. experimented with deep penetration conventional bombs and timing attacks so the second bomb struck milliseconds behind the first. A second bullet in the first bullet hole, one-two punch. In September 1996, I wrote a column mentioning the tests. The potential target: Libya’s chemical weapons stash hidden under a mountain. The 509th’s MOPs delivered these one-two punches.

Add submarine-launched cruise missiles that arrive in sync with the bombs and the result: strategic “time on target”.

OVERTURNING REYNOLDS V. SIMS AND BAKER V. CARR — two cases that have no constitutional basis other than the predilections of the Warren Court — should be a priority.

Also, I’ve written about Intrastate Secession before.

NEW YORK, NEW YORK: Zohran Mamdani: ‘Working-Class’ Mayor for Upper Class Voters.

Yes, the mayoral hopeful’s campaign has masterfully mobilized an energetic base. But the “unprecedented coalition” in question are not made up of the paycheck-to-paycheck New Yorkers that he wants us to believe.

The electoral map doesn’t just fail to reflect his working-class coalition – it flips it. It shows a victory carried by the very neighborhoods his story skips over.

New Yorkers in areas where the median income is above $117,600 backed Mr. Mamdani by 13 points. Middle-income precincts followed right behind. Lower-income New Yorkers? They broke just as hard for Cuomo instead.

Whiter, wealthier, more ideologically driven New Yorkers are certainly overrepresented in this primary. Take Flatbush and East Flatbush – two neighborhoods situated together with comparable populations. Gentrified Flatbush opted for Mamdani by 16 points, versus the Caribbean-dominated East Flatbush, which preferred Cuomo by 37 points.

The difference? About 5,000 more Flatbush voters participated in the primary. Mr. Mamdani’s win simply reflects a truism about primaries: Affluent ideologues appear in droves until the general election resets the balance.

He’s the well-to-do fool’s idea of a populist.

UPDATE (FROM GLENN):

Plus: